Apple Magazine - Issue 420 (2019-11-15)

(Antfer) #1

The bonuses are to “thank you for your efforts”
since the announcement of U.S. sanctions, the
announcement said.


Huawei, China’s first global tech brand, is the
biggest global maker of network gear for
phone and internet companies and the No.
2 smartphone brand. The company denies
U.S. accusations it is a security risk and might
facilitate Chinese spying.


Washington has postponed enforcement of
the curbs and U.S. officials say some sales will
be permitted. But suppliers of processor chips
and other vendors that depend on Huawei for
billions of dollars in annual revenue still are
waiting for licenses.


The larger bonus to 90,000 employees goes to
people who work in chip production, research
and development and manufacturing-related
jobs. Those units have been most affected by
efforts to overhaul Huawei’s products.


Huawei can keep using Android in its
smartphones but will lose access to Google’s
music, maps and other services.


Huawei said its sales rose 24.4% over a year
earlier in the first nine months of 2019 to 610.8
billion yuan ($86 billion). However, chairman
Liang Hua warned in July the company will “face
difficulties” in the second half.


U.S. security warnings focus on Huawei’s
network gear.


The company is a leader in next-generation
network technology meant to support self-driving
cars and other new applications. Its increased
reach makes that more politically sensitive.

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